[align=center] [/align] [align=center] [/align] [align=center] [/align] [align=center] [/align] [align=center]This is MEMORANDUM OF GIFT is executed BETWEEN:-[/align]
………………………………………………………………………………………………
WHEREAS the Donor, out of natural love and affection, wanted to give the DONEE by way of an absolute and irrecoverable gift of the amount described in the SCHEDULE hereto; AND WHEREAS to give effect to the said desire, the Donor has paid the aforesaid sum in cash to the Donee on the date of gift mentioned herein after which the Donee has willingly accepted the same accordingly.
NOW THIS MEMORANDUM OF GIFT WITNESS AS FOLLOWS:
[list=1]THAT the amount specified in the Schedule hereto has been withdrawn from the source mentioned in the Schedule on the date of gift and has been given in cash to the Donee by way of an absolute and irrecoverable gift on the date of gift.THAT neither the Donor nor the heirs or legal representatives or any person claiming through him shall henceforth have any claim / interest in the said amount gifted and paid to the Donee on the date of gift.THAT the Donee including his heirΓÇÖs administrator or assignees has become the absolute owner of the amount gifted to him from the date of gift.THAT this gift is accepted by the person specified in the Schedule hereto on the date of gift and this Memorandum of gift has been signed by the person concerned in token of such acceptance.[/list]
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SCHEDULE REFERED HERETO[/align] ………………………………………………………………………………………………
Amount : Rs.1,50,000 /-
Date of Gift : 18[sup]th[/sup] July 2006
Acceptance by : Mr.………………. S/o Mr.……………… (Donor)
Date of Execution : 18[sup]th[/sup] July 2006
Source :
………………………………………………………………………………………………
IN WITNESS WHEREOF this Memorandum of gift has been signed by the parties concerned on the date of execution mentioned here in above.
WITNESS: Signature of the Executants
1. DONOR:
2. DONEE:
dear magna,
its imprnt one thanks
regards
prabhu
